304 W PIMA Street Gila Bend, AZ ^$ 1,850,000

304 W PIMA Street

^$ 1,850,000

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304 W PIMA Street

Gila Bend, AZ, 85337

^$ 1,850,000

Studio Baths0.0 Sq 7,079

Monthly Estimate*

^$ 12,923

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Studio

Commercial Property for sale in Gila Bend, AZ

for $1,850,000. This 7,079 square foot building was built in 1957 on a lot size of 0.61.

Great Business Opportunity to make series money for a new owner, Mercado de Amigos, a flourishing grocery and butcher shop, is now on the market. This reputable business, located in the heart of Gila Bend, AZ, offers a unique opportunity for investors or entrepreneurs looking to tap into a well-established market. Property has 2 Buildings and a workshop in the back. Business Operations Includes a fully functional grocery store with a focus on Hispanic foods, a butcher shop offering fresh meats, and a variety of household goods as well as a very profitable Money Transfer and Check Cashing business. Potential on Increasing Sales by Adding Liquor.

Commercial Contingent

Price

^$ 1,850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,415

Style

Comm/Industry Sale

Lot Size

0.61

Year Built

1957

Town/City

Gila Bend

County/Region

Maricopa

MLS | Web ID

6642382

Features

General

Sewer Public Sewer

Heating Heat Pump

Cooling Central A/C Wall/Window Unit(s)

Roof Foam

Zoning B-2

Construction Materials Block

Year Built 1957

Electric APS

Township 5S

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 1504532.0

Business Type Other Food Service Retail Fast Food

County Maricopa

Net Operating Income 473204.0

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name WEST GILA BEND AMD

Status UCB (Under Contract-Backups)

Directions West on Pima St Store is on the North West Corner of Pima and Scott Ave

City Gila Bend

Buyer Agent Compensation 2.50

Disclosures None

View Y/N N

Open Parking Spaces 20.0

Lot Size Square Feet 26513.0

Carport Y/N N

Street Name PIMA

Tax Annual Amount 2415.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 129

Structure Type Commercial

Standard Status Active Under Contract

Occupancy Description Owner

Tax Lot B

Cap Rate 24.27

Buyer Agent Compensation Type %

Ownership Fee Simple

Senior Community N

Interior

Flooring Vinyl

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Exterior

Fencing Chain Link

Parking Features Private Parking

Water Source City Franchise

Total Parking 22.0

Lot Size Area 26513.0

Number of Buildings 2

Spa N

Lot Size Acres 0.61

Lot Size Units Square Feet

Covered Spaces 2.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 304

* Excluded Features

List By

Homesmart

Broker

carlos@enriquezteam.com

Affordability Calculator

$13,124

Per Month

Monthly Principal & Interest: $12,923
Monthly Property Taxes: $201
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Gila Bend, AZ

Average List Price ^$692,388

Percent of Sale Price 63%

About Gila Bend, AZ

1,887 Population

-6% Since 2002

^$28,777 Median Income

33.82 Median Age

42% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/17/2024	$1,850,000	-5.13%	Price Down
12/20/2023	$1,950,000		Listed Price

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304 W PIMA Street, Gila Bend, AZ, 85337 is a Commercial Property for sale at $1,850,000 with 7,079 sqft and a lot size of 0.61. 304 W PIMA Street is a studio with 0.0 baths and was built in 1957. The property's zip code is 85337 which is in Gila Bend, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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304 W PIMA Street

Commercial Property for sale in Gila Bend, AZ

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